Stainless Steel is Estimated to Lead the Automotive Fasteners Market

1
Automotive Fastener Market by Characteristics
(Removable, Permanent, Semi-Permanent), Products
(Threaded, Non-Threaded), Material Type
(Stainless Steel, Plastic, Aluminum),
Application, Electric Vehicle Type, and Region -
Global Forecast to 2025
www.MarketsandMarkets.com
2
The removable fastener segment, by
characteristics, is estimated to be the largest
segment in the automotive fastener
market Removable automotive fasteners enable the
parts to be disconnected readily without any
damage. These fasteners contribute the maximum
share in the total number of fasteners used in an
automobile. Removable automotive fasteners such
as nuts, bolts, and studs can be installed and
removed easily with the help of hand tools or
power tools. These types of fasteners have a long
life and can be used multiple times. The
penetration of removable fastener in automobiles
is high due to its properties. PDF Brochure
https//www.marketsandmarkets.com/pdfdownload.asp
?id10053940

3
The plastic fastener segment, by material type,
is estimated to be the fastest growing segment of
the automotive fastener market The market for
plastic fastener is estimated to have the highest
growth due to the increasing need to reduce
vehicle weight. The increasing demand for
automobile weight reduction and fuel efficiency
will reduce the use of metals such as stainless
steel and iron and will increase the use of
lightweight materials like plastic, which are the
growth drivers for the plastic fastener segment
in future. Request for Customization
https//www.marketsandmarkets.com/requestCustomi
zation.asp?id10053940
4
The interior trim segment is estimated to be the
fastest-growing segment of the automotive
fastener market, by application, in terms of
value. Automobile manufacturers are now focusing
on using lightweight fasteners in the major
application areas to reduce the weight of the
vehicle. The automakers focus is high on the
interior trims where the application of plastic
and aluminum fasteners is increasing to achieve
weight reduction, which will drive the
requirement of fasteners. Request Sample
_at_ https//www.marketsandmarkets.com/requestsample.
asp?id10053940
5
Asia Pacific is estimated to be the largest
market for the automotive fasteners The study
considers countries such as China, Japan, India,
and South Korea in the Asia Pacific region. The
increasing production of vehicles in China,
Japan, and India and the growing demand for
electric vehicles, especially in China and Japan,
are expected to drive the automotive fastener
market in the region. The government regulations
for lightweight vehicles have led to advancements
in technology for manufacturing lightweight and
durable products in the region. Also,
manufacturers are shifting from standard parts to
customized parts, which will drive the demand for
customized fasteners in the Asia Pacific
region. Speak to analyst _at_
https//www.marketsandmarkets.com/speaktoanalyst.a
sp?id10053940
6
Market Ecosystem The ecosystem of the automotive
fastener consists of established fasteners
manufacturers such as Bulten AB (Sweden), KAMAX
(Germany), Sundram Fasteners (India), Stanley
Black Decker (US), Shanghai Prime Machinery
Company (China), SFS Group (Switzerland) and Lisi
Group (France). It also comprises a few other
players such as Meidoh Co. (Japan), Nipman
Fasteners (India), Piolax (US), Westfield
Fasteners (UK), Fontana Gruppo (Italy), Bollhoff
(Germany), Nedshroef (Netherlands), Nifco Group
(Japan), Boltun Corporation (Taiwan), Chanshu
City Standard Parts (China), Wurth Group
(Germany), and Simmonds Marshall (India). Buy
Now https//www.marketsandmarkets.com/Purchase/p
urchase_report1.asp?id10053940
7
Browse gtgt 106 market data
tables 45 figures
152 pages and in-depth TOC  "Automotive
Fastener Market by Characteristics (Removable,
Permanent, Semi-Permanent), Products (Threaded,
Non-Threaded), Material Type (Stainless Steel,
Plastic, Aluminum), Application, Electric Vehicle
Type, and Region - Global Forecast to
2025 Early buyers will receive 10
customization on this report. This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
8
ContactMr. Shelly SinghMarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 sales_at_marketsandmarke
ts.com